To authorize borrowers of loans under the William D. Ford Federal Direct Loan Program to modify the interest rate of such loans to be equal to the interest rate for such loans at the time of modification.
USA115th CongressHR-1614| House
| Updated: 3/17/2017
Mark Pocan
Democratic Representative
Wisconsin
Cosponsors (58)
David Loebsack (Democratic)John Katko (Republican)Richard M. Nolan (Democratic)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Joyce Beatty (Democratic)Brian Higgins (Democratic)Sheila Jackson Lee (Democratic)Derek Kilmer (Democratic)Frederica S. Wilson (Democratic)Terri A. Sewell (Democratic)Bobby L. Rush (Democratic)Eric Swalwell (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Scott H. Peters (Democratic)Donald M. Payne (Democratic)Anthony G. Brown (Democratic)Vicente Gonzalez (Democratic)Ted Lieu (Democratic)Ro Khanna (Democratic)A. Donald McEachin (Democratic)Alan S. Lowenthal (Democratic)Kurt Schrader (Democratic)Brendan F. Boyle (Democratic)Matt Cartwright (Democratic)Mark DeSaulnier (Democratic)Keith Ellison (Democratic)John Conyers (Democratic)Jacky Rosen (Democratic)Gregory W. Meeks (Democratic)Filemon Vela (Democratic)Glenn Grothman (Republican)Pramila Jayapal (Democratic)Kathy Castor (Democratic)Betty McCollum (Democratic)Bonnie Watson Coleman (Democratic)Jamie Raskin (Democratic)Donald S. Beyer (Democratic)Louise McIntosh Slaughter (Democratic)James P. McGovern (Democratic)Ron Kind (Democratic)Julia Brownley (Democratic)Beto O'Rourke (Democratic)Yvette D. Clarke (Democratic)Rick Larsen (Democratic)Peter Welch (Democratic)Bennie G. Thompson (Democratic)Ed Perlmutter (Democratic)Zoe Lofgren (Democratic)Mike Coffman (Republican)Gwen Moore (Democratic)Grace Meng (Democratic)Debbie Wasserman Schultz (Democratic)Chellie Pingree (Democratic)Grace F. Napolitano (Democratic)Judy Chu (Democratic)
Education and Workforce Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Student Loan Refinancing Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a Federal Direct Loan program loan to modify the interest rate on such a loan to the current applicable rate. That interest rate is fixed for the life of the loan, unless the borrower elects to modify it again.
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Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Education
Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesStudent aid and college costs
To authorize borrowers of loans under the William D. Ford Federal Direct Loan Program to modify the interest rate of such loans to be equal to the interest rate for such loans at the time of modification.
USA115th CongressHR-1614| House
| Updated: 3/17/2017
Student Loan Refinancing Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow a borrower of a Federal Direct Loan program loan to modify the interest rate on such a loan to the current applicable rate. That interest rate is fixed for the life of the loan, unless the borrower elects to modify it again.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Mark Pocan
Democratic Representative
Wisconsin
Cosponsors (58)
David Loebsack (Democratic)John Katko (Republican)Richard M. Nolan (Democratic)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Raúl M. Grijalva (Democratic)Joyce Beatty (Democratic)Brian Higgins (Democratic)Sheila Jackson Lee (Democratic)Derek Kilmer (Democratic)Frederica S. Wilson (Democratic)Terri A. Sewell (Democratic)Bobby L. Rush (Democratic)Eric Swalwell (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Scott H. Peters (Democratic)Donald M. Payne (Democratic)Anthony G. Brown (Democratic)Vicente Gonzalez (Democratic)Ted Lieu (Democratic)Ro Khanna (Democratic)A. Donald McEachin (Democratic)Alan S. Lowenthal (Democratic)Kurt Schrader (Democratic)Brendan F. Boyle (Democratic)Matt Cartwright (Democratic)Mark DeSaulnier (Democratic)Keith Ellison (Democratic)John Conyers (Democratic)Jacky Rosen (Democratic)Gregory W. Meeks (Democratic)Filemon Vela (Democratic)Glenn Grothman (Republican)Pramila Jayapal (Democratic)Kathy Castor (Democratic)Betty McCollum (Democratic)Bonnie Watson Coleman (Democratic)Jamie Raskin (Democratic)Donald S. Beyer (Democratic)Louise McIntosh Slaughter (Democratic)James P. McGovern (Democratic)Ron Kind (Democratic)Julia Brownley (Democratic)Beto O'Rourke (Democratic)Yvette D. Clarke (Democratic)Rick Larsen (Democratic)Peter Welch (Democratic)Bennie G. Thompson (Democratic)Ed Perlmutter (Democratic)Zoe Lofgren (Democratic)Mike Coffman (Republican)Gwen Moore (Democratic)Grace Meng (Democratic)Debbie Wasserman Schultz (Democratic)Chellie Pingree (Democratic)Grace F. Napolitano (Democratic)Judy Chu (Democratic)
Education and Workforce Committee
Education
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesStudent aid and college costs